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China home prices rise for 5th month in Oct-survey

Posted on 02 November 2012

Average home prices in China’s 100 biggest cities edged up for a fifth straight month in October, a private survey showed, adding to evidence of a mild recovery in the property market and frustrating government efforts to temper steep prices.
Average home prices rose 0.2 percent to 8,768 yuan ($1,400) per square metre in October, keeping pace with September’s increase, the China Real Estate Index System said on Thursday………………………………………..Full Article: Source


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